2015

AsiaBaseMetals Announces Appointment of Interim CFO

March 2, 2015

Vancouver, BC - March 2, 2015 - AsiaBaseMetals Inc. ("AsiaBaseMetals" or the "Company") (TSX-V: "ABZ") announces that Mr. Wylie Hui has resigned as Chief Financial Officer of the Company in order to dedicate more time to his other business commitments. The Company wishes to thank Mr. Hui for his contributions and sincerely wish him well.

Ms. Kara Norman has been appointed as the Company's Chief Financial Officer on an interim basis. Ms. Norman is a Certified Management Accountant (CMA) with extensive experience in financial reporting for exploration companies. She previously held the role of Controller for the Company.

ABOUT ASIABASEMETALS INC.

AsiaBaseMetals Inc. is a growth company focused on the exploration and development base metals opportunities. The Company has the Gnome Zinc Project in British Columbia, Canada and has optioned the Jean Lake Iron Ore project in Ontario, Canada. AsiaBaseMetals is led by a highly experienced executive management team that has a successful track record of building shareholder value through exploration, corporate finance, and mine development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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